BigMikeFund

By Mike ZlotnikBusiness Entrepreneurship Investing

BigMikeFund episodes

February 10, 2021083: Where And How To Find Deals In Today’s Market With Todd Dexheimer
Joining our podcast today is Todd Dexheimer, COO of Venture D Properties, which purchases and syndicates Multi-family apartments in emerging markets. His focus is on value-add Multi-family syndication in emerging markets. Todd and his team have purchased Multi-family buildings in 5 states and hold over $35million of real estate. Todd has raised over $15 million in private equity and has provided his private investors with double-digit returns on every investment.
So listen closely to this episode as we find out how where deal flows are coming from and where to find deals especially in today’s challenging times.
WHAT YOU’LL LEARN FROM THIS EPISODE
How to find good deals
The key to finding deals
How to manage properties remotely
The importance of value-adding properties
The significance of renovating units
How to deal with tenants taking advantage of COVID-19
QUOTES
"Good property management is key" - Todd Dexheimer
BOOKS:
How to Win Friends and Influence People - Dale Carnegie
Building a Story Brand - David Miller
RESOURCES
Home - Venture D Properties, LLC
22 min
February 03, 2021082: The Benefits Of Being A Passive Investor In Real Estate Investing (LP & GP) With Travis Watts
Travis Watts is the Director of Investor Relations at the Ashcroft Capital. He has been investing in real estate since 2009 in multi-family, single-family, and vacation rentals. Travis began investing with Ashcroft Capital several years ago and has taken part in more than 30% of the Ashcroft opportunities. After experiencing above-average communication, reporting, deal volume, and performance, Travis expressed interest in joining the Ashcroft Investor Relations Team.
Relax and listen to this informative Podcast episode that tackles topics that are related in Real Estate Investing that you might use and share. PLUS some expert advice on how to START and GROW in this business. WATCH TIL THE END!
WHAT YOU’LL LEARN FROM THIS EPISODE
Passive Investor: What are the Process and How to Pick a Deal.
Multifamily Classes and the Significance of Finding the BEST Criteria that Fits you.
The Conversion Rate of Cash Flow Before and After the Pandemic Hits.
Talking about Quality Deal Flows this 2021.
The Multifamily Investment Sector is Progressing.
Biden's Proposal about Tax Plans Effects in Real Estate.
Travis shares his thoughts about what will happen this year.
QUOTES
"Just self educate, this investing stuff is a life skill" - Travis Watts
BOOKS:
https://www.amazon.com/Best-Ever-Apartment-Syndication-Book/dp/0997454326
https://www.amazon.com/Hands-Off-Investor-Insiders-Investing-Syndications/dp/1947200275
RESOURCES:
Travis Watts YouTube Channel: https://www.youtube.com/playlist?list=PLCYnr_mB0XK2dWNX12sNs5MaGicSqHofV
https://ashcroftcapital.com/travis/
26 min
January 27, 2021081: Investing in Real Estate for Cannabis Cultivation With Brian Pensack
In today’s episode, we will be joining a great friend of mine, Brian Pensack. We have been friends for many years now and built a great Financial Relationship by investing in each other’s businesses, we also belong to the same Private Mastermind Group and other Investment groups as well. He is living in Piedmont, San Francisco for many years now as a chiropractor and married with 4 kids and 5 grandkids. Today, he shares his unique type of Real Estate Investment with a twist on it so check it out!
WHAT YOU’LL LEARN FROM THIS EPISODE
The Basic Plan of Cannabis Cultivation.
A Broad Stoke View of How Deal Looks Like and its Financial Side.
Difficulties you will encounter and Calculation of Income per acres.
The Importance of Investing in this Business Properly and Legally.
Talking in-depth about Taxes and How much it costs.
Investing Purely in Real Estate.
QUOTES
“Anything is Possible.” - Brian Pensack
RESOURCES
Email : [email protected]
19 min
January 20, 2021080: Why You Should Be Investing On Vacant Land With Willie Goldberg and Paul Hersko
Here with us today are Willie Goldberg and Paul Hersko, the young new members of Collective Genius Mastermind and the Founders of Discount Lots. They are not just into buying and selling property, they are also providing inherit value to anyone that is looking at property and simplifying the process. Hence, their main goal is to make land ownership easy and affordable for regular people. Listen to this episode to learn more about their business journey, what Discount Lots do and a lot more!
WHAT YOU’LL LEARN FROM THIS EPISODE
Basic understanding of Vacant Land investing and Discount
What does “Discount Lots” do?
Specific examples of the average typical lots that one usually buys.
Importance of expansion path and goal.
How to make it easy for the buyers to get into Fair Market Value?
Better understanding of who the buyer usually is and what they do with the land.
What leads buyers to finally acquire the land.
Why are default contracts the best way of selling property?
Learning about the heavy marketing side in real estate.
QUOTES
“This business makes a lot of sense. In real estate, your inventories are the lots with no depreciation at all. It’s difficult to make it worth less.” - Willie Goldberg
“The scalability of this business is endless.”- Paul Hersko
RESOURCES
Website : https://discountlots.com/about-us/
24 min
December 21, 2020 079: What the Post-Election Market looks like from Trends to Market Projections with Frances Newton Stacy
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30 min
December 07, 2020 078: Specificities About the Market: sales and rent prices with Marck de Lautour
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29 min
November 23, 2020 077: What's Happening With NYC Commercial Real Estate in the Post COVID World and the Upcoming Opportunities in the Distressed Commercial Debt
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30 min
November 23, 2020 077: What's Happening With NYC Commercial Real Estate in the Post COVID World and the Upcoming Opportunities in the Distressed Commercial Debt
On this episode of the Big Mike Fund, I’m happy to welcome back Eric Goodman. Full disclosure, we invested with Eric from a couple of our funds—from Tempo Opportunity and Tempo Growth into Goodman Capital Fund too. We love working with Eric. He's a brilliant and intelligent guy and is a managing partner at Goodman Capital LLC.
Today we’re talking about investments in the post-COVID world, specifically in New York. We go over interesting opportunities that have arisen because of COVID, risk assets, as well as glance at Eric’s crystal ball as he gives his predictions for future investment opportunities. Eric also talks about the effects of the CARES Act.

Minute Markers:
00:20 - Hello and Welcome
01:45 - New York and investments during and post-COVID
07:11 - Difference between investments and risk assets (at risk of financial default)
13:50 - Eric’s crystal ball (his predictions for investment opportunities and his investments)
21:30 - Interesting opportunities because of the effects of COVID
25:37 - What’s happening at Goodman Capital LLC
28:15 - Reaching out to Eric
29:25 - Thank you for listening to the Big Mike Fund Podcast

Quotes:
“What you don't hear as much about is a lot of the big tech moving into the city—Amazon, Facebook, Google, Apple, and all those big players. You look at just last month, Facebook took over the former US Post Office. A lot of 730,000 square feet. They took over the Farley Post Office. They now occupy over 2 million square feet.” - Eric Goodman
“These periods of market uncertainty generally create limited periods of limited access of capital for two types of end-users. There are borrowers who have approaching loan maturities and they're in need of a refi, but then don't forget the other side of the coin.” - Eric Goodman
“But there's good news and there's a silver lining to the story. That is, under the CARES Act, the TDR and non-accrual exemption lasts only until the earlier of 12/31 of this year, or 60 days after the designation of COVID is no longer a national emergency.” - Eric Goodman
“There are many tax favorable treatments for leasing up and not executing a condo plan and providing that our loan basis is at the right investment's value threshold. That can be a very attractive investment to own as a rental refi and hold until the market turns.” - Eric Goodman

Resources:
Eric Goodman email: [email protected]
Goodman Capital LLC
30 min
November 09, 2020 076: The Difference Between Investing in a Fund Versus Syndication With Matt Burk
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35 min
October 26, 2020 075: Traditional IRA versus Roth IRA: Converting Investments with Haley Gant
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42 min